0
What should you do if you have a motorcycle that was financed through Trans South and the DMV said Capital One Auto Finance bought out Trans South and has a lien against the motorcycle?
Wiki User
∙ 17y ago
Banks and lending institutions buy out others companies and loans are sold all the time. Generally, you just keep making the payment like always and they will send you a new payment book.
Wiki User
∙ 17y ago
Add your answer:
Earn +20 pts
how to record capital lease entry?
Journal entry to record capital lease in books of accounts: [Debit] Asset under finance lease xxxx [Credit] Liability under finance lease xxxx And after that asset will be adjusted against depreciation while liability will be adjusted against lease payment till the end of term.
What is the importance of finance companies?
The flow of finance starts on Wall Street with the creation of capital used to fund business through the issuance of common stock to provide capital, bonds to lend capital and derivatives (packaged groups of securities that help to hedge against financial risk and replace the money banks lend out to borrowers). Public companies and municipalities use this capital to help fund their operations, and banks use it to lend to companies, municipalities and individuals to finance the purchase of goods and services.
What financing options are available for a swimming pool?
There are a range of ways to finance a swimming pool. It could be financed through an unsecured loan by using a credit card, a secured loan where the loan is secured against the buyers house or by the buyer releasing cash from their own investment funds.
What is the difference between a running finance and a cash finance?
Cash finance is a term that means that the goods are pledged or released to the borrower against the cash payments only. The bank usually appoints a person who can be called a Care Taker for the goods and who reports to the bank after the release of goods. While the running finance is offered by the financial companies against the creation of charge on inventory or debtors which are of short term nature. The charge can be of any type say 1st charge, Ranking charge, pari pasu charge, etc. mortgages . It usually comes under the heading of the working capital finance.
Is it against the law in Va to have a dog as a passenger on a motorcycle?
Yep it is
Can you apply non-capital losses against dividend income?
No you cannot apply for non-capital losses against dividend income. Capital losses only offset capital gains up to 3K a year capital losses may be used against ordinary income.
How do you find out if there is a lien against a motorcycle?
call the tag office with the VIN
How is Katniss Everdeen daring?
She was daring to go against the Capital. When she and Peeta attempted suicide, they were rebelling against the Capital.
Who financed the fight against the revolutions in America?
Monetary support for the American Revolution came from the Netherlands, France and Spain.
What laws was James Madison against?
Laws that are financed in amounts not evenly divided by 20. Oops that's Jackson.
Can you use capital loss to offset dividend income?
ANSWER No capital loss can only be used to reduce any capital gain, and even in then there are rules. You can not use capital gain to offset against ordinary income. NB: Personal use capital loss can not be offset against any capital gain, losses on collectibles can only be offset against other collectibles capital gain and all "other" capital loss e.g. dividends, shares, real estate can be offset against "other" capital gain.
How do you purchase a motorcycle in California that still has a lien against it?
You won't be able to change the registration until whomever holds the lien signs off on the vehicle title. You may be able to assume the loan, but nevertheless will still have to qualify and most likely re-finance the original loan.
